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MULTIFIELD INTL (00898.HK) Potentially Sells Up to 2.3 million Shares of HSBC HOLDINGS (00005.HK)
2026-08-16 20:26:33
MULTIFIELD INTL (00898.HK) announced that it proposed to seek shareholders' approval to sell up to 2.3 million shares of HSBC HOLDINGS (00005.HK) at a price of no less than HKD138 per share, representing a premium of 106.12% over the average acquisition cost of HKD66.95 per share. Based on the minimum price, the gross proceeds from the disposal would amount to approximately HKD317 million, with a corresponding total investment return of approximately HKD163 million. Currently, the group holds a total of 4.2026 million shares of HSBC HOLDINGS, representing approximately 0.02% of the issued share capital. (de/d)~

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